Home sales in Greenbriar Fairfax, 22033

Jill: Could you post a report showing what homes have sold for in the Greenbriar neighborhood of Fairfax VA in the last three months? I want to see what kind of prices the properties are bringing. Oh, and show those properties that are under contract too.

Steve: Jill, we have posted them here: Homes for Sale In Greenbriar Fairfax VA

Just click and you will be taken to a report that is known as a CMA or Competitive Market Analysis.This report shows in detail the homes that have sold in Greenbriar since March 1 of this year as well as those that are currently under contract but have not yet settled.

11 Greenbriar homes are under contract...good market activity!

1 has sold in the last 3 months

For homes that are under contract, you will not know what price the seller actually received for the property until it goes to settlement and the price is made a matter of public record

For those homes that have sold, the second column is the List (or advertised) price of the property at the time of contract ....in this case the one at the bottom of the report .....12803 Melvue.

The next one over is the price that the buyer actually paid for the property at settlement. The column headed DOMP shows the number of days the property was on the market The acronym stands for Days On Market Property. This figure is very encouraging for Greenbriar home sellers.

As you will see, most homes ratified a contract within days of coming on the market, with the average being 25 days for those currently under contract. These are great numbers for Greenbriar. The rest of the columns are pretty easy to understand.

The far right column in the report for the homes that have sold, headed subsidy, is the amount of money the buyer received back from the seller for closing cost assistance.

Tom: These numbers do look good for prospective sellers compared to months past don't they?

Steve: Yes Tom they do. The inventory of available homes has fallen steadily since last year, not just in Greenbriar but across Northern Virginia. Even the hard hit areas of Woodbridge and Manassas have experienced lower inventory and the apparent end of a steep price slide.

Combine short supply with interest rates hovering around the high 4% to the low 5% range and you have a recipe for the strong seller's market that we have been in since early spring.

Barring any new economic surprises, appropriately priced Greenbriar homes in good condition should continue to sell well for the foreseeable future.

If you would like to chat with us about buying or selling a home in Greenbriar, please drop us a line. We are happy to answer any questions or provide you with a personal market analysis with no obligation, hassle or pressure.

We have lived in Fairfax County for more than 25 years and been actively involved in youth sports for 17 years...you've probably seen us around the playing fields and pools. We are not annoying people and will not bug you...we'll just give you the best advice we can.